Latest Articles

August 29, 2014 

State tax collections fell short of expectations by $281 million last year, providing potential difficulties in the future for the state budget and immediate fodder for this fall's tight governor's race.

August 28, 2014 

The Internal Revenue Service continues to warn taxpayers across the country of a series of scam phone calls from people pretending to be IRS officials in order to get sensitive personal information. On Thursday, the agency issued a new consumer alert to provide taxpayers with additional tips to protect themselves.

Isaac M. O'Bannon

August 28, 2014 

Portland-based accounting firm BerryDunn is growing quickly as it adds and expands services such as company valuation, succession planning and government consulting work.

August 28, 2014 

In the Florida Keys, mosquitoes are a major nuisance, and one big enough that it apparently requires local government involvement in fight against the little blood-sucking fiends. Unlike many municipal positions, however, in the Keys this race is partisan.

Isaac M. O'Bannon

August 28, 2014 

State agencies gave their employees nearly 200,000 hours of unearned leave credits worth almost $6.4 million over five years, and the self-inflicted taxpayer expense will only grow until the government fixes the errors, according to a new state audit.

August 27, 2014 

California's health insurance exchange awarded its executive director a one-time bonus of $53,000 after the state enrolled 1.2 million people in Obamacare coverage.

August 27, 2014 

Unhappy with the choices her insurance broker was offering, Denver publishing company owner Rebecca Askew went to Colorado's small business health insurance exchange last fall. She found exactly what she'd been hoping for: affordable insurance options tailored to the diverse needs of her 12 employees.

August 27, 2014 

Accounting software and technology provider AccountantsWorld has finished a major redesign to Website Relief, a cloud-based solution that helps accounting firms create websites and virtual offices. The new Website Relief design is intended to make it easier than ever for accountants to build websites that engage and inform both existing and potential new clients.

Isaac M. O'Bannon

August 27, 2014 

Two Miami-Dade women have been charged with preparing dozens of phony income-tax returns and pocketing a chunk of the multimillion-dollar refunds, the U.S. attorney's office said Tuesday.

August 27, 2014 

Currently over 50 million individuals own nearly $178 billion worth of U.S. Savings Bonds. Many don’t realize that savings bonds are subject to federal income taxes when they are either cashed in or reach final maturity, whichever comes first. The difference between the purchase price and the cash-in value is considered reportable interest. When savings…

August 27, 2014 

Thomson Reuters has launched a new Checkpoint Learning Tax Research Certificate Program designed to help professionals develop foundational tax research knowledge and skills. It is designed to fill in knowledge gaps for entry-level tax professionals and those re-entering the workforce after an extended leave. The program also applies to accounting and audit professionals from diverse…

Isaac M. O'Bannon

August 27, 2014 

The Center for Audit Quality (CAQ) has released the Professional Judgment Resource, a guide designed to provide auditors with an example of a decision-making process to facilitate important auditing and accounting judgments in a professionally skeptical manner.